BGSU participates in the William D. Ford Federal Direct Student Loan Program in which the loan application process is through the University and does not require application to a separate bank or lending agency. The Student Financial Aid Office encourages families to fully explore federal student and parent loan options before turning to private student loans.  But for those students who need funds beyond federal loans, a number of financing options are available.

While most loans are based on financial need as determined by the FAFSA; others do not require that you demonstrate financial need.

Loans must be repaid, usually after you graduate, withdraw from college or drop below half-time enrollment status (less than 6 credit hours per semester for undergraduates and less than 4 credit hours per semester for graduates). Federal student loans provide low fixed interest rates with attractive repayment options and deferment/cancellation opportunities.

• Federal Direct Student Loans
  • Subsidized / Unsubsidized loans
  • Monthly Repayment Table (Estimate your payment for federal Loans)
  • Monthly Accrued Interest (Estimate the amount of interest you would accrue on your federal loan(s) every month)
  • Loan Consolidation (Combine all individual monthly loan payments into one monthly payment)
• Federal Direct Parent Loan
  • Federal Direct Undergraduate PLUS Loan
  • Federal Direct Graduate PLUS Loan
  • Loan Consolidation (Combine all individual monthly loan payments into one monthly payment)
• Federal Perkins Loan
  • Federal Perkins Loan
• Private Alternative Loans
  • The Student Financial Aid Office encourages families to fully explore federal student and parent loan options before turning to private student loans.  But for those students who need funds beyond federal loans, a number of financing options are available
  • PLUS / Alternative Loan Comparison
  • Private loan comparison tool: FastChoice